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Twitter generates less revenue and the number of users does not grow

This week the main technology companies present their quarterly results. Twitter has been one of the last. There was much doubt as to what to expect from these quarterly results. The social network has a time of layer fall and it seems that nothing of what they do works to achieve to gain new users.

Twitter generates less revenue and the number of users does not grow

The income Twitter were better than analysts expected. Finally, the company’s quarterly earnings stood at $ 573.9 million. This is a decrease of 4.7% over the same quarter last year. Given that analysts expected a decline of 11% over last year, the result has been better, but not positive.

Twitter does not win users

Although the benefits improve slightly, user numbers do not. Twitter gained 9 million users this quarter. The fastest growth since 2015. Analysts had expected active users to be at 328.8 million. Finally they have stayed in 328 million users, exactly the same as in the first quarter. So the social network has not won monthly active users. In fact, in the United States it has lost 2 million active users.

Despite this, since Twitter say that 12% more users visit the social network on a daily basis. Although, analysts consider that all the efforts that have been made to win users have not served. Many see that the fight against false accounts has been able to influence in this aspect.

Once all expenses are discounted, the quarterly result of Twitter is again worrying. It stands at losses of 116 million dollars. So the social network continues without generating positive results. And the situation begins to be worrying. What will happen with Twitter?

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